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DE In this article we take a look at the fee structures of the cryptocurrency exchange Huobi. The Asian exchange offers various trading products, where certain fees are applied. Today, we list those fees in one handy overview.
Table of Contents
What are the fees on Huobi Exchange?
If you consider using the Huobi exchange, it can be important to know what fees you have to pay, using their services. We take a look at fee structures on both spot markets as futures makets, but also what fees are applied when you deposit or withdraw cryptocurrencies.
What are fees on spot markets?
Huobi charges a flat fee of 0.20% for both ‘takers’ and ‘makers’. This trading fee is slightly below the industry average (0.25%). It does not matter if you are buying or selling, fees are always applied on the total value of the trade. To get a discount on fees, users can hold Huobi – HT. More information below.
What are the fees on futures on Huobi?
For fees of the Coin margined & Swap contracts futures, we can conclude that ‘Takers’ pay 0,05% and ‘Makers’ 0,02% on the notional value of their trade. The delivery fee will depend on futures contracts type. For Bitcoin futures the delivery fee will be 0,015% and for others 0,05%.
What are the withdrawal and deposit fees on Huobi?
There is no fee for depositing cryptocurrencies onto your Huobi account.If you want to buy cryptocurrency with fiat, then you could maybe be subjected to payment fees depending on the selected payment method.
If you want to withdraw from your Huobi account, you will be charged for the mining fee required for that particular coin. This will depend on the specific cryptocurrency you want to withdraw.
How to get a discount on Huobi Fees?
For small users who hold Huobi – HT discounts on fees can range from 10% to 65%. But if you are a professional trader that has a 30 day trading volume of at least 1000 BTC, you will get a greater deal in reduced trading fees, as seen below. To apply for a Huobi VIP statute follow the following steps;
Provide the below information to vip@global-hgroup.com:
- Huobi UID (UID without rebate relationship)
- Cell Phone
- Country
- Screenshots of trading volume or VIP level on other platforms
